Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
But all in all, the S&P 500 finished Friday just half a percent below where it started the week.
voice-verified
The Dow Jones Industrial Average ended the week 0.7 percent lower, and the Nasdaq Composite ended just 0.2 percent lower.
voice-verified
Speaking of Monday's markets mayhem, let's talk about the Magnificent Seven, the so-called group of tech stock giants.
voice-verified
Say them with me.
voice-verified
Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla.
voice-verified
They got a real beating during Monday's session, with each of them losing at least 2.5%.
voice-verified
Let's zoom in on Apple, though, because Apple was under extra pressure at the start of the week thanks to the Oracle of Omaha, Warren Buffett.
voice-verified
Buffett's Berkshire Hathaway revealed in a filing last Saturday that it sold nearly half of its huge stake in Apple last quarter.
voice-verified
And as we've seen, Buffett's reputation as one of the greatest stock pickers of all time, the GOAT, if you will, means his decisions can really sway the market.
voice-verified
So that didn't do Apple any favors during this big rotation out of tech stocks that we've been seeing lately.
voice-verified
And Apple shares ended Monday down nearly 5%.
voice-verified
Apple ended in the green the last three days of the week, but notched a weekly loss of more than 1%.
voice-verified
Another not-so-hot stock this week was Airbnb, the short-term rental company.
voice-verified
Airbnb warned of slowing demand, posted a bigger-than-expected drop in quarterly earnings, and its revenue forecast for the third quarter missed Wall Street expectations.
voice-verified
And this warning is coming at a time when investors are on the lookout for signs of weakness in people spending, especially among Americans.
voice-verified
To be sure, the company did report quarterly revenue that was slightly stronger than it forecast, with a boost in Europe thanks to the Olympics in Paris and the Euro Cup in Germany.
voice-verified
But that wasn't enough to sway traders, and Airbnb shares dropped 13% on Wednesday.
voice-verified
After clawing back a bit of ground on Thursday and Friday, the stock ended the week down about 10%.
voice-verified
A stock that had investors in higher spirits this week was Eli Lilly, the drug-making giant which also reported earnings this week.
voice-verified
Lilly is also one of the big pharmaceutical companies who are competing in the big weight loss drug race, so to speak.
voice-verified
Showing 1041–1060 of 2,691 · page 53 of 135
← Previous
Next →